This dual certification boosts the company’s ability to deliver secure, compliant, and cutting-edge payment solutions in the MENA region Egypt, November 2024 — Fawry, Egypt’s leading digital payments platform, has successfully completed the Mobile Point of Sale (MPOC) certification cycle, becoming the first company in the MENA region to achieve both MPOC and Contactless Payment […]
Egypt, November 5, 2024 — T-Vencubator, a leading entity in venture building, venture capital, and incubation services, has announced www.tafweela.com as its first venture building project, signaling a major push to reshape the vehicle payments ecosystem in Egypt. This initiative aligns with T-Vencubator’s mission to foster disruptive startups that drive digital transformation and enhance economic […]
BMCE Capital Investments Backs Moroccan Logistics Startup Cathedis with MAD7 Million Investment Casablanca, Morocco – BMCE Capital Investments, the private equity arm of BMCE Capital, has announced a strategic investment in Cathedis, a leading Moroccan last-mile delivery logistics company. The investment, totaling nearly MAD7 million, includes MAD5 million from BMCE Capital’s dedicated venture capital fund […]
Cairo, Egypt – 3rd November – Menthum, Egypt’s pioneering fintech startup, has launched “Menthum Goals!”, a first-of-its-kind digital savings proposition designed to transform how individuals plan, save, and achieve their financial aspirations. More than just a savings tool, Menthum Goals! empowers users to set, track, and reach their financial objectives in a disciplined, structured way, bringing a […]
CAIRO: Fintech experts believe Saudi Arabia is positioned to lead the regional landscape in decentralized finance, and also solve some challenges on the horizon. With active support from the Saudi Central Bank, also known as SAMA, and initiatives like Vision 2030, the Kingdom is creating an ideal environment for solutions to so-called DeFi to flourish. […]
Egypt – eCards, a subsidiary of e-Finance Group for Financial and Digital Investments, has officially rebranded as eNovate, aligning with the company’s new strategy to drive innovation, expand its service offerings, and strengthen its market presence. This name change reflects a broader shift towards digital transformation and modernization in line with the evolving technological landscape. […]
In a landmark agreement, Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership aimed at enhancing financial accessibility across Sub-Saharan Africa. This significant collaboration will enable millions of Orange Money wallet holders to make digital payments with Mastercard’s extensive global network of merchants by 2025. The initiative is set to launch in seven countries initially: […]
October 29, 2024 – Vezeeta, the Middle East and Africa’s leading online doctor booking and clinic management platform, has announced the launch of “Vezeeta Lab,” a strategic creative hub designed to foster new opportunities, expand services, and boost regional growth across Egypt and Gulf nations, including Saudi Arabia and the UAE. This new hub will […]
Doha, Qatar – Pass, Qatar’s leading tech-driven logistics startup, has successfully raised more than 10 million Qatari riyals in its latest investment round, marking a significant milestone as it ramps up its regional expansion. The fresh funding will empower Pass to accelerate development of advanced logistics solutions and improve fast, reliable delivery services, ultimately enhancing the daily […]
Pargo Expands to Egypt, Launches ‘Collect and Return’ Service at Over 500 Points October 2024 — South Africa’s leading e-commerce logistics company, Pargo, has announced its expansion into Egypt with the official launch of its Collect and Return service, available across 500 Pargo Points. These collection points, established in partnership with local outlets like Fawry, […]